Indian Affairs Current Affairs 2018 - Current Affairs Today

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  • Paytm Payments Bank Registers 100M KYC Wallets

    Paytm Payments Bank has over 100 million KYC wallets, against the constant campaigning done by the bank about the benefits of the Know Your Customer (KYC) system. The bank has introduced several options that include Paytm KYC centers and 'Paytm-Ka-ATM' outlets to offer more localized support. Customers can locate these through the 'Nearby' section on the Paytm app.

    Dadasaheb Phalke Excellence Awards 2018: Complete List Of Winners

    Dadahaheb Phalke Excellence Awards 2018 honored the individuals from the entertainment industry for their outstanding contribution towards the growth and development of cinema and/or television. 1.    Best actor (male)    Shahid Kapoor 2.    Best actor people's choice award    Ranveer Singh 3.    Entertainer of the year    Kartik Aryan 4.    Best actress (critics)    Aditi Rao Hydari 5.    Lifetime achievement award    Simi Garewal 6.    Pride of Indian cinema    Sanjay Dutt 7.    Path-breaking producer of the year    Anushka Sharma and Karnesh Sharma 8.    Best director    Ashwiny Iyer Tiwari 9.    Outstanding performance male    Raj Kumar Rao, Rana Daggubati 10.    Outstanding performance female    Tamannahh Bhatia, Kriti Sanon 11.    Promising face of the year    Aahana Kumra 12.    Best actor (male) Marathi    Vaibhav Tatwawaadi 13.    Best actor (female) Marathi    Pooja Sawant 14.    Best fashion designer of the year    Sanjukta Dutta 15.    Socially conscious performance of the year    Rani Mukherjee 16.    Best comic role    Tusshar Kapoor 17.    Entertaining performance in reality show Bigg Boss    Hina Khan 18.    Best actress drama award    Jennifer Winget 19.    Best actor (male) Television    Karan Patel 20.    Best reality show judge    Shilpa Shetty 21.    Best talk show host    Karan Johar 22.    Best lyricist    Manoj Muntashir 23.    Best performance in a short film    Divya Khosla Kumar 24.    Iconic contribution towards music    Hans Raj Hans 25.    Comic performer of the year    Sumona Chakraborty 26.    Versatile singer    Rani Hazarika 27.    Social and business entrepreneur of the year    Jaya Misra

    Diu, 1st To Run On 100% Renewable Energy During Daytime

    Diu Smart City has become the first city in India, that runs on 100% renewable energy during daytime setting a new benchmark for other cities to become clean and green. Diu had been importing 73% of its power from Gujarat until 2017. To further enhance its solar capacity, Diu offers its residents a subsidy of Rs10, 000-50,000 for installing 1-5KW rooftop solar panels. Diu is saving about 13,000 tonnes of carbon emissions every year.

    India Won 8th South Asian Judo Championship

    India won 8th South Asian Judo Championship held in Lalitpur, Nepal. On the concluding day of the championship, Indian women and men won team events. Keeping the unbeaten streak, Indian women whitewashed the championship by beating host Nepal by 5-0 in the final of team events.  Indian men also won the team championship. They defeated Pakistan by 3-2 in the final. Earlier Indian women grabbed all 7 gold medals in the individual category while men bagged 3 gold and 3 bronze medals. India topped the medal tally winning 10 Gold and 3 Bronze medals in the individual category. Host Nepal remained second and Pakistan got third place. 

    Union Minister Nitin Gadkari Inaugurates 29th Road Safety Week In New Delhi

    Union Road Transport Minister Nitin Gadkari inaugurated the 29th Road Safety Week at Vigyan Bhawan in New Delhi. He released a book named "Have a Safe Journey". The central government has increased the number of National Highways keeping in mind the traffic density and various other factors. Mr Gadkari has announced that India will sign a pact with South Korea for enhancing road safety measures.

    Winners Of 1st Print Biennale India 2018 Given Away Awards In New Delhi

    Lalit Kala Akademi organised the award ceremony of the '1st Print Biennale India 2018 (PBI)' in New Delhi. The Chief Guest of the programme was Ms Sujata Prasad, Additional Secretary, Ministry of Culture. Arup Kumar Kuity (Andhra Pradesh), Satya Narayana Gavara (Andhra Pradesh), Preya Bhagat (Uttar Pradesh), Purvi Parmar (Gujrat) and Sonal Varshneya (Uttar Pradesh) were given the award in the 1st PBI.

    National Panchayati Raj Day is observed as 24 April

    The nation celebrates the National Panchayati Raj Diwas (24th Aril) as this date marks a defining moment in the history of decentralization of political power to the grassroots level.  Activities of PM Modi on NPRD 2018: Prime Minister Narendra Modi visited Mandla in Madhya Pradesh on the National Panchayati Raj Day. He launched the Rashtriya Gramin Swaraj Abhiyan, at a public meeting, and addressed Panchayati Raj representatives across the country, from Mandla. Background: The Constitution (73rd Amendment) Act, 1992 that came into force with effect from 24th April 1993 has institutionalized Panchayati Raj through the village, Intermediate and District level Panchayats. The impact of the 73rd Amendment in rural India is very visible as it has changed power equations irreversibly. Accordingly, the Government of India decided in consultation with the States to celebrate 24th April as National Panchayati Raj Day. Ministry of Panchayati Raj organizes National Conference on 24th April every year to commemorate the National Panchayati Raj Diwas.

    Deepika Padukone, Virat Kohli Among TIME's 100 Most Influential People

    The TIME Magazine released the 100 Most Influential People List of 2018 designating individuals whose time is now. The 2018 list features the names of four self-made Indians- Bollywood actress Deepika Padukone, Indian cricket captain Virat Kohli, Ola co-founder Bhavish Aggarwal and Microsoft’s CEO Satya Nadella. The list also features the US President Donald Trump. The list of 100 Most Influential People of 2018 includes the names of actress Nicole Kidman, 'Wonder Women' starring Gal Gadot, Prince Harry and his fiance Meghan Markle and singers Rihanna and Jennifer Lopez.

    TCS is the first Indian Company With 100 Billion Dollar Market Value

    Tata Consultancy Services created the history as the market capitalization of the company has hit the 100 billion dollar mark, making it the first Indian company to achieve the mark. TCS shares rose by 2% to Rs. 3476.75, pushing the market capitalization of India's biggest outsourcer to Rs. 6,64,918 crore. Shares of TCS had surged by nearly 7% recently, making investors richer by over Rs. 40,000 crores in a day.

    Finance Minister and CBGs From G20 Agree For Economic Growth By Promoting Trade

    Finance Ministers and Central Bank Governors from G20, the Group of 20 economies have agreed to aim for economic growth by promoting trade. In their two day meeting at Washington, the financial leaders agreed to work together to promote trade and global economic growth. Argentine Treasury Minister Nicolas Dujovne chaired the meeting.

    Indian Animation Expert Bhimsain Khurana Passes Away

    Indian animation pioneer and multiple National Award winner Bhimsain Khurana had passed away. He was 82. Khurana was known for films like “Gharaonda” and for iconic animation shorts like “Ek Anek Ekta”.  His unforgettable work includes “Ek chidiya, anek chidiya” song. In 1970, he made his debut with his first animation short “The Climb”, which earned him the Silver Hugo Award in the Chicago Film Festival.

    Union Cabinet Nod To Restructured Rashtriya Gram Swaraj Abhiyan Scheme

    The Union Cabinet Committee on Economic Affairs approved a restructured Rashtriya Gram Swaraj Abhiyan scheme aimed at making rural local bodies self-sustainable, financially stable and more efficient. According to the Union Panchayati Raj Minister Narendra Singh Tomar, PM Narendra Modi will launch Rashtriya Gram Swaraj Abhiyan scheme in Mandla in Madhya Pradesh on the occasion of National Panchayati Raj Day.

    Commonwealth Countries Unanimously Agree To Take Action On Cybersecurity By 2020

    The Commonwealth countries have unanimously agreed to take action on cybersecurity by 2020. In a landmark declaration at the end of Commonwealth Heads of Government Meeting (CHOGM) in London, the leaders of 53 countries agreed to work closely to evaluate and strengthen their cybersecurity frameworks and response mechanisms. A release issued, termed the declaration as the world's largest and most geographically diverse inter-governmental commitment on cybersecurity cooperation. It followed an announcement by the UK government pledging up to 15 million pounds to help the Commonwealth nations strengthen their cybersecurity capabilities.

    Vice President Venkaiah naidu Inaugurates Civil Services Day Event In New Delhi

    Vice President M. Venkaiah Naidu inaugurated the two-day Civil Services Day event in New Delhi. The Day focuses on the topic ‘Evolving Strategies for Transforming Aspirational Districts’.  The Vice President also released a book 'Emulating Excellence- Takeaways for Replication'. The day is celebrated for the civil servants to rededicate themselves to the cause of citizen and renew their commitments to public service and excellence in work.

    Union Minister Vijay Goel Launches Central Project Monitoring Unit For E-Vidhan Project

    Minister of State for Parliamentary Affairs Vijay Goel inaugurated the new office of Central Project Monitoring Unit for the e-Vidhan project of the Government at the Parliament House Annexe. This was done as a part of Swachhata Pakhwada being observed by the Ministry of Parliamentary Affairs.   e-Vidhan is a part of the broader Digital India Programme of the Government and is likely to contribute to the cleanliness and environment by reducing the use of papers to a great extent.

    EAM Sushma Swaraj Left For China On 4-Day Visit For SCO Meet

    External Affairs Minister Sushma Swaraj left for China on a four-day visit. She will participate in a meeting of the foreign ministers of the Shanghai Cooperation Organisation (SCO). She will hold talks with her Chinese counterpart Wang Yi. This will be Ms. Swaraj’s first meeting with Wang after he was elevated to be the state councilor. The visit is aimed at elevating the China-India strategic cooperation partnership.

    India and Finland settle Nokia tax dispute under MAP

    India and Finland have reached an agreement on the tax dispute with Nokia under the Mutual Agreement Procedure System (MAP) This involves payment of Rs 1,600 crores a sum.

    Rajnath Singh launches several development projects in Dadra Nagar Haveli; tourism, industrial sector to get massive boost

    Home Minister Rajnath Singh several projects in the Union Territory of Dadra Nagar Haveli. These projects will boost the infrastructure of Dadra Nagar Haveli and will help in increase of tourism and industrial sector. After inaugurating several projects, Minister Rajnath Singh highlighted the natural advantages of beauty and greenery of Dadra-Nagar Haveli adding that it could be a very good destination for to use of its proximity to Mumbai, Dadra-Nagar haveli has the potential to be a centre of industrial development as well as a hub for film-making as the industrial electric tariff here is very low than other states.

    Union Cabinet Approves Promulgation Of Fugitive Economic Offenders Ordinance

    The Union Cabinet approved the promulgation of the Fugitive Economic Offenders Ordinance 2018, which would empower the government to seize the domestic assets of those deemed by a relevant court to be fugitive economic offenders. The Ordinance has a provision for a ‘Special Court’ under the Prevention of Money-laundering Act, 2002 to declare a person as a Fugitive Economic Offender.

    Journalists holding yellow cards in Punjab to get accidental insurance cover worth Rs 5 lakh

    The Punjab government led by CM Captain Amarinder Singh approved the extension of the facility of accidental insurance cover to nearly accredited 4200 media persons with yellow cards. Notably, from now onwards yellow card holder journalist would be covered under accidental insurance to the tune of Rs. 5 lakh. The extension of the facility of accidental insurance cover to media persons holding yellow cards was amongst Captain Amarinder Singh’s poll promises.  A spokesperson of the Chief Minister’s Office said that every accredited and yellow card holder journalist in the state would be covered under accidental insurance to the tune of Rs. 5 lakh. The United India Insurance Company has been selected, through the tendering process, by the Department of Information and Public Relations, and an agreement is expected to be signed soon to this effect, the spokesperson added.

    E-SANAD Portal and National Academic Depository Integrated

    The Ministry of Human Resource Development (HRD) launched integration of e-SANAD portal and NAD – National Academic Depository in a bid to make education system in India more transparent. e-Sanad is a project aimed at online submission and verification of documents with the ultimate object to extend contactless, cashless, faceless and paperless document attestation service. NAD is a 24X7 online storehouse of all academic awards viz. diplomas certificates, degrees, mark-sheets etc.

    Taipei Opens WTC In Delhi To Boost Ties With India

    With an aim to strengthen trade ties with India, Taipei World Trade Centre (TWTC) launched its office in Delhi, ahead of Taiwan’s first-ever expo that will showcase cutting-edge technology and smart city solutions in Delhi in May 2018. The Presence of TWTC in Delhi will further help strengthen business ties with India. Bilateral trade between India and Taiwan has increased to $6.3 billion in December 2017.

    SJVN Signs MoU With Ministry Of Power

    SJVN Limited signed a MoU with Ministry of Power for the year 2018-19. The MoU was signed by Ajay Kumar Bhalla, Secretary (Power) and Shri Nand Lal Sharma, Chairman & Managing Director, SJVN. As per the targets set in the MOU, SJVN shall strive to achieve 9200 Million Units generation during the year under ‘Excellent’ category. Further, SJVN will have Capital Expenditure (CAPEX) target of Rs. 900 crore and Turnover target of Rs. 2175 crore under the Excellent category.

    Prime Minister Narendra Modi Held Talks With German Chancellor, Returns India

    Prime Minister Narendra Modi held bilateral talks with German Chancellor Angela Merkel and discussed ways to further strengthen the strategic partnership between the two countries. It was third and the last leg of Modi’s three-nation tour to the UK, Sweden, and Germany.

    Sixteenth Federation Cup Junior National Athletics Championship Begins

    The 16th Federation Cup Junior National athletics championship begun in Coimbatore, Tamil Nadu. Over 800 athletes from 32 states across the country will take part in this tournament. The meet will serve as the selections trials for the 18th Asian Junior Athletic Meet to be held at Gifu, Japan, in June. The three-day event will see 440 boys and 352 girls in the age group of 16 to 20 years take part in 44 events.

    Bangalore Emerges As Top City For Office Expansion: CBRE

    In India, Bangalore emerged as the most preferred city for office expansion, according to a survey by the real estate consulting firm, CBRE South Asia.  MNCs are focusing on expanding in Bangalore and smaller cities across the country but have limited growth plans in the Delhi NCR and Mumbai according to the CBRE Asia Pacific Occupier Survey 2018.

    Yes Bank Gets RBI Nod To Open Offices In London And Singapore

    Private sector lender Yes Bank received the Reserve Bank of India’s (RBI) approval to open two representative offices in London and Singapore. Yes Bank opened its first representative office in Abu Dhabi in April 2015 and also launched IFSC banking unit (IBU) at GIFT City, Gandhinagar, in the same year.

    India Forms Committee To Reform Higher Defence Planning

    The Union Government formed a new integrated institutional mechanism, Defence Planning Committee (DPC) to reform the process of higher defense planning. The permanent body would be chaired by National Security Advisor Ajit Doval. The committee is aimed at driving the country’s military and national security strategy, draft capability development plans, and guide and accelerate defense equipment acquisitions. The Chief of Integrated Defence Staff to the Chairman of the Chief of the Staff Committee (CISC) will be the member secretary of the committee.

    Veteran Journalist T V R Shenoy Passes Away

    Veteran journalist and columnist TVR Shenoy passed away at Manipal Hospital in Karnataka. Shenoy was famous for his deeper analysis and narrative style writing in his illustrious career. Shenoy was awarded the prestigious Padma Bhushan award in 2003.

    Gujarat Launches Pocket Cop Project

    The Gujarat police unveiled the Pocket Cop project, which will enable quicker verification of passport applicants, and search of accused persons, among others. The project was inaugurated by Chief Minister Vijay Rupani in Gandhinagar. Under the project, smartphones with data connectivity will be given to 4,900 police personnel, including every police station in-charge, investigating officer, PCR van, and those involved in passport verification.

    Karan Johar is the first Indian Filmmaker In Madame Tussauds Collection

    Karan Johar becomes the first-ever Bollywood filmmaker to get a place at the famous Madame Tussauds.  The process has begun in London and it will take about six months for the wax figurine to be ready.

    Former Delhi High Court Chief Justice Rajinder Sachar Passes Away

    Former Delhi High Court Chief Justice Rajinder Sachar passed away. He was 94.   Sachar, who was Chief Justice from August 6, 1985, to December 22, 1985, has since his retirement been associated with the People’s Union for Civil Liberties, a rights group. He was the chairperson of a committee set up by the previous UPA government to look at the social, economic and educational status of Muslims in India.

    Dilip Chenoy takes over As FICCI Secretary General

    Dilip Chenoy was appointed as the Secretary-General of industry body Federation of Indian Chambers of Commerce and Industry (FICCI). He has replaced Sanjaya Baru. Chenoy was working as Director General of the industry body.

    SBI India's Most Trusted Bank, ICICI Tops In Private Sector: Report

    According to the TRA Brand Trust Report 2018, the State Bank of India was the most-trusted bank (both public and private sector) in the country and ICICI Bank topped the chart among the private ones.   This year, State Bank of India tops the chart of BFSI (Banking and Financial Services Institutions) super-category despite seeing a dip in its overall brand trust index ranking. The leader among the private banks is ICICI Bank, rising nine ranks in the overall ranking, it ranked 38th overall in 2018. Fraud-hit PSB Punjab National Bank ranks sixth among the public sector banks (PSB) and is 297th in the overall ranking, according to the survey. This year, State Bank of India tops the chart of BFSI (Banking and Financial Services Institutions) super-category despite seeing a dip in its overall brand trust index ranking. The leader among the private banks is ICICI Bank, rising nine ranks in the overall ranking, it ranked 38th overall in 2018. Fraud-hit PSB Punjab National Bank ranks sixth among the public sector banks (PSB) and is 297th in the overall ranking, according to the survey.

    Madhya Pradesh Conferred Most Film Friendly Award

    The Most Film Friendly State Award was announced by the Chairman of the Jury, Shri Ramesh Sippy. State of Madhya Pradesh conferred the award for the Most Film Friendly State for its efforts towards easing filming in the State by creating a well-structured website and film-friendly infrastructure. Total 16 states have participated in this award.  The State of Uttarakhand is given a Special Mention Certificate to recognize the efforts made by the State of Uttarakhand towards creating a film-friendly environment. The award will be conferred by the President of India in May 2018.

    Aditi Rao Hydari To Receive Dadasaheb Phalke Excellence Award For Bhoomi

    Aditi Rao Hydari will receive Dadasaheb Phalke Excellence Award 2018 for the Best Leading Lady (Critics Award) for her memorable performance in Bhoomi. The award ceremony will be held in Mumbai. It will be attended by producers, directors, distributors, and exhibitors among others from the film fraternity.

    Venkaiah Naidu Launches Assam Govts Cashless Health Scheme

    Vice President M Venkaiah Naidu launched a health scheme of the Assam government named Atal Amrit Abhiyan that offers free medical care of up to 2 lakh rupees for every individual from Below Poverty Line (BPL) and Above Poverty Line (APL) families. The state government has earmarked 400 crore rupees for the scheme in the financial year 2018-19. The cashless scheme Atal Amrit Abhiyan will cover 92 percent of the state’s population with annual income below 5 lakh rupees.

    India And UK Sign 10 Agreements In Several Sectors

    India and the UK have signed 10 agreements in several sectors including cyber-relationship, rejuvenation of Ganga and skill development.  The Important agreements signed between the 2 countries are as follows:  1. The two countries have agreed to an overarching cyber-relationship framework that among others enables the development of a common and shared understanding of the international cyber activity. 2. A MoU on the rejuvenation of River Ganga, National Mission for Clean Ganga (NMCG) and the UK-based Natural Environmental Research Council (NERC). 3. A MoU on Skill Development, Vocational education and Training and seek to promote greater collaboration in domains such as strengthening skill delivery in high demand sectors where the UK has technical and skilling expertise. 4. A Statement of Intent between NITI Aayog and UK’s Department of Business, Energy and Industrial Strategy (BEIS) has also been signed. 5. Inked the deal on cooperation in the field of Animal Husbandry, Dairying and Fisheries Sectors seeking to strengthen collaboration in livestock health and husbandry, breeding, dairying, and fisheries. 6. A MoU on Exchange of Information for the Purposes of Combating International Criminality and Tackling Serious Organised Crime has been signed.

    Commerce Ministry Launches Digital Platform For MSME Exporters

    Commerce and Industry Minister launched the Federation of Indian Export Organisations (FIEO) GlobalLinker platform for MSME exporters in New Delhi. This move is aimed at assisting the Micro, Small and Medium Enterprises (MSMEs) engaged in exports. This initiative will help in expanding India's multi-focused export strategy and also aid in connecting art and artisans to the market. FIEO GlobalLinker is setup with a view to making the business growth of SMEs simpler, more profitable and enjoyable.

    FAO Designates 14 New Sites As GIAHS

    Since 2016, fourteen new sites have been designated as Globally Important Agricultural Heritage Systems (GIAHS), including the first ones in Europe. As with other designated sites, these systems highlight agricultural traditions that promote sustainability, safeguard biodiversity and protect the environment while supporting the social and economic development necessary for stable, decent livelihoods.  The 14 new sites range from oases to rice terraces, wasabi cultivation to raisin production. The 14 new sites are: 1.Siwa Oasis, Egypt 2016.  2.Chinampa Agriculture in the World Natural and Cultural Heritage Zone in Xochimilco, Tláhuac and Milpa Alta, Mexico 2017.  3.Zhagana Agriculture -Forest-Animal Husbandry Composite System, China 2017.  4.Huzhou Mulberry-dyke & Fish Pond System, China 2017.  5.Osaki Kodo's Traditional Water Management System for Sustainable Paddy Agriculture, Japan 2017.  6.Nishi-Awa Steep Slope Land Agriculture System, Japan 2018.  7.Traditional Hadong Tea Agrosystem in Hwagae-myeon, Republic of Korea 2017.  8.The Agricultural System of Valle Salado de Añana, Spain 2017.  9.Malaga Raisin Production System in La Axarquía, Spain 2017.  10.The Cascaded Tank-Village System, Sri Lanka 2017.  11.Rice Terraces in Southern Mountainous and Hilly Areas, China 2018.   12.Xiajin Yellow River Old Course Ancient Mulberry Grove System, China 2018.  13.Traditional Wasabi Cultivation in Shizuoka, Japan 2018. 14.Barroso Agro-sylvo-pastoral System, Portugal 2018.

    Odisha's second longest River Bridge Opened

    The much-awaited bridge 'Ib Setu' built over the Ib river in Sambalpur district was thrown open to the public by Chief Minister Naveen Patnaik. The 2.5-km-long bridge, which is the State’s second longest bridge, has been built in three years at a cost of Rs. 117.50 crore. The bridge has helped establish direct road connectivity between Sambalpur and Brajarajnagar and the distance has now been reduced by 50 km.

    Bisket Jatra Being Celebrated In Nepal

    The Jatra begins in Nepal. It is believed that the festival started during Malla dynasty. In Nepal, the famous Bisket Jatra is being celebrated in Bhaktapur and other parts of Kathmandu valley. The nine-day annual festival marks beginning of Nepali new year. The Jatra begins four days before the start of new year.

    India To Grow At 7.4% In 2018: IMF

    The International Monetary Fund (IMF) stated that India is expected to grow at 7.4% in 2018 and 7.8% in 2019 and would re-emerge as one of the fastest growing major economies in the period. The IMF explained this is due to the strong private consumption as well as fading transitory effects of the currency exchange initiative and implementation of the national goods and services tax. According to the IMF, India will leave its nearest rival China which will grow at 6.6 in 2018 and 6.4% in 2019.

    Google to provide 'confidential mode' soon on its mailing service

    Tech giant Google is set to launch a new security layer for its mailing service Gmail that will help users to purge a mail or text after a period of time. The 'confidential mode' will enable users to set a passcode to open emails, which will be generated through text message. In addition, one can set an expiration date for sent emails. The new Gmail mode will available after its revamp. A company spokesperson said that Google will offer Gmail users the ability to try the redesign through an early access program in the coming weeks.

    Gujarat Chief Minister Vijay Rupani launches digital platform for police force

    In order to improve the conviction rate, Gujarat police introduced the digital platform called Pocket Cop Project, under which 4900 smartphones will be contested with real-time information of 68 lakh criminals. Chief Minister Vijay Rupani launched the innovative application as a part of police modernization. Speaking at the function, Chief Minister Vijay Rupani said that the technological intervention will strengthen the state police force for curbing Morden days crimes. He mentioned that Pocket Cop will improve the efficiency of state police in handling key law and order issues and cybercrime.  On this occasion, the Chief Minister announced that all the major districts will be under the surveillance of CCTV ecosystem. Rupani stated that digital platform will safeguard all the criminal records and other information essential for investigation. The Chief Minister expressed that new innovation will fine tune the affairs of state police in curbing criminal activities.

    Union Government launches first tranche of Sovereign gold bonds for FY19

    The Union Government (Finance Ministry) in consultation with Reserve Bank of India (RBI) launched the first tranche of sovereign gold bonds (SGBs) for Background Households in India hold a large amount of their savings as physical assets such as gold, silver and other precious metals and real estate. The Households in India hold a large amount of their savings as physical assets such as gold, silver and other precious metals and real estate. The minimum subscription for individual and HUF is 1 gram and maximum is 4 kg.

    DARPAN-PLI app launched by communications ministry

    Minister of Communications Manoj Sinha launched here the DARPAN (Advancement of Rural Post Office for a New India)-PLI App, which will help in collection of premium for Postal Life Insurance (PLI) and Rural Postal Life Insurance (RPLI) policies at Branch Post Offices anywhere in India, with online up gradation of the policies. Further, with the launch of this App, indexing of maturity claims in respect of PLI and RPLI policies can be done at Branch Post Office itself, upon which the insurant will immediately be provided with the request number for further references.

    UK Joins International Solar Alliance To Mark Narendra Modi Visit

    The United Kingdom joined the India-led International Solar Alliance (ISA) ahead of Prime Minister Narendra Modi’s four-day visit to Britain. At an event held at the London Stock Exchange as part of the Commonwealth Heads of Government Meeting 2018 (CHOGM), Britain formally announced its membership of the alliance. This alliance aims to raise $1 trillion of private and public finance to provide affordable and sustainable energy for all by 2030.

    Bandhan Bank among Top 50 Most Valuable Brand In India

    Kolkata-based Bandhan Bank Limited became one of the top 50 most valuable publicly traded firms in India. The market capitalization of Bandhan Bank was at Rs64,000 crore, claiming 50th rank, according to BSE data. Tata Consultancy Services Ltd is the most valuable company in India, followed by Reliance Industries Ltd and HDFC Bank Limited. Bandhan Bank had raised Rs4,500 crore through a successful initial public offering (IPO) in March after setting the pricing at Rs375 per share.

    Bengaluru is the highest paying city for Talent: Report

    The garden city of Bengaluru is found to be the highest paying city in the country, with an average annual cost to company (CTC) for talent across all levels and functions standing at about Rs 11 lakh, according to Randstad Insights, the research and analysis division of Randstad India. Pune stands second at around Rs 10 lakh, followed by Delhi NCR and Mumbai with an average annual CTC figure of a little under Rs 10 lakh and around Rs 9 lakh, respectively.

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